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Belgium Implements New Franchise Disclosure Law

By Mark Abell
November 01, 2005

The tide of franchising regulation continued to sweep across Europe as Belgium brought its new franchise disclosure law into effect.

After several years of contemplating a wide variety of proposals ' some bordering upon the bizarre ' the Belgian Parliament decided to follow the lead of France and Spain by requiring franchisors to make formal pre-contractual disclosure to their potential franchisees 1 month before entering into the franchise agreement. The new franchise law came into force on Oct. 18, with retrospective effect from Sept. 1, 2005.

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